Integer Holdings Corporation

Truist Securities initiated coverage on Integer Holdings Corporation (NYSE:ITGR), noting the company as one of the largest med device outsource manufacturers and a unique SMID MedTech asset. The analyst notes Integer’s profitability and leveraged EPS growth prospects (1.5-2x that of revenue), which can sustain a high-teens 2023-2026 EPS CAGR. Integer has increasing exposure (through the OEM supply chain) to growth segments & emerging product cycles across the MedTech sector, Truist writes. Also, a durable inorganic (tuck-in) strategy can add at least 1-2%+ on top of a high-single-digit organic top-line, the analyst adds. Related: Medical Device Manufacture Integer To Gain From Expanding Pulsed Field Ablation Market, Earns Upgrade From BofA. Truist initiates with a Buy rating and ...Full story available on Benzinga.com

Related tickers: ITGR.

Analysts' ratings for Integer Holdings (NYSE:ITGR) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 2 0 0 0 Last 30D 1 0 0 0 0 1M Ago 3 0 0 0 0 2M Ago 1 1 0 0 0 3M Ago 0 1 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $132.0, with a high estimate of $139.00 and a low estimate of $123.00. This current average has increased by 15.28% from the previous average price target of $114.50. Breaking Down Analyst Ratings: A Detailed Examination A comprehensive examination of how financial experts perceive Integer Holdings is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Richard Newitter Truist Securities Announces Buy $137.00 - Robert Wasserman Benchmark Maintains Buy $130.00 - Robert Wasserman Benchmark Maintains Buy $130.00 - Craig Bijou B of A Securities Raises Buy $135.00 $105.00 Brett Fishbin Keybanc Raises Overweight $139.00 $123.00 Robert Wasserman Benchmark Raises Buy $130.00 $105.00 Brett Fishbin Keybanc Lowers Overweight $123.00 $125.00 Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Integer Holdings. This ...Full story available on Benzinga.com

Related tickers: ITGR.